#VietnamCryptoPolicy Vietnam currently treats cryptocurrencies like Bitcoin as non‑legal tender, banning their use for payments but allowing trading and holding . In response to AML/CFT concerns and FATF grey‑listing, the government has tasked the Ministry of Finance and central bank to draft a comprehensive digital assets framework by March–May 2025 . They also plan crypto sandbox pilots and draft legislation under the 2024–2030 Blockchain Strategy . With 17 million crypto users, Vietnam aims to balance innovation with investor protection, AML enforcement, and potential taxation – marking a major shift from regulatory ambiguity to guided experimentation.